To assemble and acquire 100% clear title ownership of a 20,448 sf development site designated in the Esquimalt OCP for a multi-unit high-rise residential use with the potential of 60,000 buildable square feet. The assembly and rezoning (potentially to 3-1 FSR, 5+ storeys) conforms to the Esquimalt City Offi cial Community Plan (OCP) The existing structures are currently rented on a monthly basis and will provide a modest income until construction commences. 658 & 662 Admirals Road and 669 Constance Avenue (the “Properties”) are located in the water front Township of Esquimalt which is home to approximately 18,000 people. The Properties have a combined lot area of 20,448 square feet and are currently improved with two residential houses and a 5 suite apartment building.